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Healthcare Sector

World Bank raises Egypt GDP Growth forecast to 5% in October update

Overall real GDP growth among the OICs is expected to hit 4.3% by the end of the year, while WB forecasted a 4.2% growth in 2022 for the region’s GDP

Competition Authority receives honorable mention for COVID actions

The implementation of the ECA’s recommendations has led to new market entry from investors and consequently to an increase in competition

Danone Egypt partners with Magdi Yacoub foundation to boost post-op care

Celebrating World Heart Day, Danone Egypt partners with Magdi Yacoub Global Heart Foundation to boost post-op care to support a healthy recovery

Alameda opens up about expansion plans to boost local healthcare market

The group is finalizing agreements that could lead to a EGP 5 billion investment that will see Alameda launch new facilities in the New Administrative Capital, and other locations

Cleopatra Hospitals and Alameda call it quits on acquisition

Both parties have not commented on what led to the dissolution of the agreement that would have seen the creation of Egypt’s largest private-sector healthcare group